SCHEDULE: Bank of America Reports Minor Stake in Newmarket Corp

Sentiment:

Ownership Disclosure


Bank of America Corporation has filed a Schedule 13G, reporting a beneficial ownership of 0.2% of Newmarket Corp's common stock as of March 31, 2026.

Summary

  • Bank of America Corporation, through its subsidiaries, holds a total of 21,402 shares of Newmarket Corp's common stock.
  • This represents 0.2% of the total outstanding shares, based on 9,198,019 shares reported by Newmarket Corp as of March 31, 2026.
  • The filing indicates shared voting power for 20,014 shares and shared disposition power for 21,356 shares.
  • Bank of America Corporation is filing this statement as a parent holding company, with its subsidiaries BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, Merrill Lynch Pierce Fenner & Smith, Inc., U.S. Trust Co of Delaware, and BofA Securities Europe SA also involved in the beneficial ownership.
  • The securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a standard disclosure of passive ownership by a large financial institution and does not provide new operational or financial information about Newmarket Corp itself.

Positives

  • Bank of America Corporation's filing confirms its role as a financial institution holding a minor stake in Newmarket Corp, indicating a standard investment activity.
  • The reporting is in compliance with SEC regulations, providing transparency to the market regarding share ownership.

Negatives

  • The filing does not contain any negative financial or operational information about Newmarket Corp, as it is a disclosure of ownership by a third party.

Risks

  • The filing does not explicitly mention any risks related to Newmarket Corp's business operations or financial health. The risks are inherent in any investment, such as market fluctuations or company performance, but are not detailed in this specific document.

Future Outlook

This filing is a historical disclosure of ownership as of a specific date and does not contain forward-looking statements or guidance from Newmarket Corp.

Management Comments

  • "The beneficial ownership calculation relies on the 9,198,019 outstanding shares disclosed in the Form 10-Q by the issuer on April 23, 2026, which reports share totals as of March 31, 2026."
  • "This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries..."
  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities..."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Bank of America Corp is a routine disclosure for large financial institutions that may hold shares in various companies as part of their investment or brokerage activities. The small percentage of ownership (0.2%) suggests it is not an activist stake but rather a passive holding.

Stakeholder Impact

  • Shareholders of Newmarket Corp are informed of the ownership structure by a major financial institution, contributing to market transparency.
  • The filing has minimal direct impact on employees, customers, suppliers, or creditors of Newmarket Corp, as it pertains to investment holdings rather than operational changes.

Next Steps

  • Bank of America Corporation will continue to monitor its holdings and may file amendments to this Schedule 13G if its beneficial ownership changes significantly.

Key Dates

DateDescription
03/31/2026Date of Event Which Requires Filing of this Statement (Reporting period end date for share ownership)
04/23/2026Date Newmarket Corp disclosed outstanding share totals in its Form 10-Q.
05/14/2026Date of signature for the Schedule 13G filing.

Keywords

Schedule 13G, Bank of America, Newmarket Corp, Beneficial Ownership, SEC Filing, Common Stock, Investment, Financial Institution, Ownership Disclosure

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